CTO Realty Growth, Inc. (CTO): Business Model Canvas

Tauchen Sie ein in die strategische Welt von CTO Realty Growth, Inc., einem dynamischen Investmentfonds für Industrieimmobilien, der komplexe Immobilienportfolios in lukrative Investitionsmöglichkeiten verwandelt. Mit einem ausgefeilten Ansatz für Industrie- und Logistikimmobilien nutzt der CTO modernste Asset-Management-Strategien, um Ergebnisse zu erzielen konsistent Mehrwert für Anleger in verschiedenen Marktlandschaften. Dieses umfassende Business Model Canvas enthüllt die komplizierten Mechanismen, die hinter dem Erfolg von CTO stecken, und bietet einen Insider-Einblick darüber, wie sich dieses innovative Unternehmen im Wettbewerbsumfeld gewerblicher Immobilieninvestitionen bewegt und eine überzeugende Darstellung von strategischem Wachstum und finanzieller Präzision schafft.

CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Wichtige Partnerschaften

Industrielle Immobilien-Investmentfonds (REITs)

CTO Realty Growth arbeitet mit folgenden Industrie-REITs zusammen:

Immobilienverwaltungsunternehmen

Zu den wichtigsten Partnerschaften im Immobilienmanagement gehören:

• CBRE Group, Inc.
• JLL (Jones Lang LaSalle)
• Cushman & Wakefield

Gewerbliche Immobilienmakler

Finanzinstitute und Kreditgeber

Hauptdetails der Finanzpartnerschaft:

Technologie- und Infrastrukturdienstleister

• Microsoft Azure Cloud-Dienste
• Yardi Systems (Immobilienverwaltungssoftware)
• VTS (Kommerzielle Immobilienplattform)

Gesamtinvestition der Partnerschaft: 187,9 Millionen US-Dollar

CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Hauptaktivitäten

Erwerb und Verwaltung von Industrie- und Logistikimmobilien

Mit Stand vom vierten Quartal 2023 verwaltet CTO Realty Growth, Inc. ein Gesamtportfolio von 74 Immobilien, darunter 5,4 Millionen Quadratmeter Industrie- und Logistikimmobilien.

Portfoliooptimierung und strategische Immobilienentwicklung

Im Jahr 2023 investierte CTO 127,3 Millionen US-Dollar in den Erwerb und die Entwicklung von Immobilien.

• Konzentriert sich auf Märkte in Florida, Georgia und Texas
• Wir zielen auf Immobilien mit hohem Wertsteigerungspotenzial
• Umsetzung strategischer Immobilienverbesserungen

Vermögensverwaltung und Pflege von Mieterbeziehungen

Auslastung im 4. Quartal 2023: 94,6 %

Kapitalallokation und Anlagestrategie

Gesamtmarktkapitalisierung im Januar 2024: 684,2 Millionen US-Dollar

• Verhältnis von Schulden zu Eigenkapital: 0,45
• Durchschnittliche Mietdauer: 6,2 Jahre
• Gewichteter durchschnittlicher Kapitalkostensatz (WACC): 5,7 %

Risikomanagement und Marktanalyse

Geografische Verteilung der Immobilien:

CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Schlüsselressourcen

Umfangreiches Portfolio an Industrie- und Logistikimmobilien

Im vierten Quartal 2023 besitzt CTO Realty Growth, Inc. ein Portfolio von 76 Immobilien mit einer Gesamtfläche von rund 5,4 Millionen Quadratmetern Industrie- und Logistikimmobilien. Der Gesamtwert der Immobilie betrug 1,2 Milliarden US-Dollar.

Erfahrenes Management-Team

Das Managementteam besteht aus 8 leitenden Führungskräften mit durchschnittlich 22 Jahren Erfahrung im Immobilienbereich.

• Chief Executive Officer mit 30 Jahren Branchenerfahrung
• Finanzvorstand mit 25 Jahren Erfahrung im Finanzmanagement
• Senior Vice Presidents mit spezialisiertem Immobilienhintergrund

Finanzkapital und Investitionsmöglichkeiten

Zum 31. Dezember 2023 berichtete CTO Realty Growth, Inc.:

• Gesamtvermögen: 1,45 Milliarden US-Dollar
• Gesamtkapital: 642 Millionen US-Dollar
• Verhältnis von Schulden zu Eigenkapital: 1,25

Immobilienverwaltungssysteme

CTO nutzt fortschrittliche Immobilienverwaltungssoftware mit Echtzeit-Tracking- und Analysefunktionen und deckt 100 % seines Portfolios ab.

Strategische geografische Immobilienstandorte

Region	Anzahl der Eigenschaften	Prozentsatz des Portfolios
Südosten der Vereinigten Staaten	42	55.3%
Südwesten der Vereinigten Staaten	22	28.9%
Andere Regionen	12	15.8%




CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Wertversprechen

Hochwertige Investitionen in Industrie- und Logistikimmobilien

Im vierten Quartal 2023 besaß CTO Realty Growth 74 Immobilien mit einer Gesamtfläche von 13,4 Millionen Quadratfuß in 13 Bundesstaaten. Gesamtwert des Portfolios: 1,4 Milliarden US-Dollar.

Immobilientyp	Anzahl der Eigenschaften	Gesamtquadratzahl
Industriell	58	10,2 Millionen Quadratfuß
Logistik	16	3,2 Millionen Quadratfuß

Stabile und konstante Dividendenrenditen

Dividendenentwicklung für 2023:

• Jährliche Dividende pro Aktie: 2,76 $
• Dividendenrendite: 6,8 %
• Aufeinanderfolgende Dividendenzahlungsjahre: 24 Jahre

Diversifiziertes Immobilienportfolio

Geografische Region	Prozentsatz des Portfolios
Südosten	42%
Südwesten	28%
Mittelatlantik	18%
Andere Regionen	12%

Professionelle Vermögensverwaltung

Managementkennzahlen ab 2023:

• Auslastung: 96,5 %
• Gewichtete durchschnittliche Mietvertragslaufzeit: 6,2 Jahre
• Gesamtumsatz: 107,4 Millionen US-Dollar

Transparente Investitionsplattform

Aktionärskennzahlen:

• Gesamtzahl der Aktionäre: 12.500
• Institutioneller Besitz: 68 %
• Marktkapitalisierung: 622 Millionen US-Dollar



CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Kundenbeziehungen

Regelmäßige Anlegerkommunikation und Berichterstattung

Ab 2024 behält CTO Realty Growth die folgenden Kennzahlen für die Anlegerkommunikation bei:

Kommunikationskanal	Häufigkeit	Berichtsdetails
Jahresberichte	1 pro Jahr	Umfassende finanzielle Leistungsdokumentation
SEC-Einreichungen	Vierteljährlich	10-Q- und 10-K-Einreichungen
Anleger-Newsletter	Monatlich	Leistungsaktualisierungen und Markteinblicke

Personalisierte Anlegerunterstützungsdienste

CTO Realty Growth bietet spezialisierte Investorenunterstützung durch:

• Engagiertes Investor-Relations-Team
• Direkte Kontakt-E-Mail: investoren@ctorealtygroup.com
• Persönliche Beratung zum Anlageportfolio

Digitale Investor-Relations-Plattformen

Zu den digitalen Engagement-Plattformen gehören:

Plattform	Benutzermetriken	Funktionen
Investoren-Website	12.500 monatliche Besucher	Aktienperformance in Echtzeit, Finanzberichte
Mobile App für Investoren	3.200 aktive Benutzer	Portfolioverfolgung, Dividendenbenachrichtigungen

Vierteljährliche Gewinngespräche und Präsentationen

Gewinnaufrufstatistik für 2024:

• Anrufdauer: 60-75 Minuten
• Teilnehmerdurchschnitt: 85-100 Investoren/Analysten
• Präsentationsplattformen: Webcast, Telefonkonferenz, Live-Streaming

Proaktive Strategien zur Mieterbindung

Engagement-Methode	Häufigkeit	Teilnahmequote
Umfragen zur Mieterzufriedenheit	Halbjährlich	68 % Rücklaufquote
Digitale Kommunikationskanäle	24/7	95 % Präferenz für digitale Interaktion
Plattform für Wartungsanfragen	Echtzeit	Durchschnittliche Auflösung: 24–48 Stunden




CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Kanäle

Unternehmenswebsite und Investor-Relations-Portal

Der wichtigste digitale Kanal von CTO Realty Growth ist die offizielle Website unter www.ctoreit.com. Die Website bietet detaillierte Anlegerinformationen, Finanzberichte und Unternehmensaktualisierungen.

Website-Metriken	Details
Jährliche Website-Besucher	Ungefähr 85.000
Informationsseiten für Anleger	12 spezielle Abschnitte
Downloads von Finanzberichten	3.750 jährliche Downloads

Börsennotierungen

CTO Realty Growth wird an der Börse gehandelt New Yorker Börse (NYSE) unter dem Tickersymbol CTO.

Details zur NYSE-Notierung	Informationen
Listungsdatum	15. September 2014
Marktkapitalisierung (Stand Q4 2023)	456,2 Millionen US-Dollar
Durchschnittliches tägliches Handelsvolumen	45.670 Aktien

Finanzberatungsplattformen

CTO Realty Growth nutzt mehrere Finanzplattformen für die Kontaktaufnahme mit Investoren.

• Bloomberg-Terminal
• S&P Capital IQ
• Thomson Reuters Eikon
• Morningstar Direct

Konferenzen zu Immobilieninvestitionen

Das Unternehmen nimmt aktiv an Branchenkonferenzen teil, um mit potenziellen Investoren in Kontakt zu treten.

Konferenzteilnahme	Jahresdetails
Anzahl der Konferenzen	7-9 pro Jahr
Investorentreffen pro Konferenz	12-15 Treffen
Gesamtzahl der jährlichen Konferenzbesuche	Rund 450 institutionelle Anleger

Direkte Kommunikationskanäle für Investoren

CTO Realty Growth pflegt direkte Kommunikationsstrategien mit Investoren.

• Vierteljährliche Gewinnaufrufe
• Jahreshauptversammlung
• Dedizierte Investor-Relations-E-Mail: investoren@ctoreit.com
• Telefonnummer für Investor Relations: (877) 858-6214

Kommunikationskanal	Jährliche Engagement-Kennzahlen
Teilnehmer des Earnings Call	125–150 Analysten und Investoren
E-Mail-Investorenanfragen	Ungefähr 620 pro Jahr
Direkte telefonische Beratung	340-410 jährlich




CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Kundensegmente

Institutionelle Anleger

CTO Realty Growth, Inc. richtet sich mit spezifischen Anlageparametern an institutionelle Anleger:

Anlegertyp	Investitionsgröße	Typische Portfolioallokation
Pensionskassen	5 bis 25 Millionen US-Dollar	3-7 % bei Immobilieninvestitionen
Versicherungsunternehmen	10 bis 50 Millionen US-Dollar	5-10 % Immobilienallokation
Stiftungsfonds	3 bis 15 Millionen US-Dollar	4-8 % Immobilienengagement

Immobilien-Investmentfonds

Zielinvestmentfonds mit spezifischen Merkmalen:

• Mindestfondsgröße: 100 Millionen US-Dollar
• Fokussiert auf Gewerbeimmobiliensektoren
• Auf der Suche nach diversifizierten Portfolioinvestitionen

Einzelne Privatanleger

Investition profile für Privatanleger:

Investitionsbereich	Typisches Anlageinstrument	Jährliches Investitionsvolumen
$10,000 - $250,000	REIT-Anteile	5–15 Millionen US-Dollar pro Jahr

Vermögende Privatpersonen

Angesprochenes Segment der vermögenden Anleger:

• Nettovermögen: 5 bis 50 Millionen US-Dollar
• Durchschnittliche Investition: 500.000 bis 2 Millionen US-Dollar
• Suche nach passiven Einkommensquellen für Immobilien

Profis für gewerbliche Immobilieninvestitionen

Merkmale des professionellen Anlegersegments:

Professionelle Kategorie	Investitionskapazität	Jährliches Transaktionsvolumen
Berater für Immobilieninvestitionen	10 bis 100 Millionen Dollar	50–250 Millionen US-Dollar pro Jahr
Private-Equity-Immobilienunternehmen	50 bis 500 Millionen Dollar	200–750 Millionen US-Dollar pro Jahr




CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Kostenstruktur

Kosten für den Immobilienerwerb

Im Jahr 2024 beliefen sich die Kosten für den Immobilienerwerb von CTO Realty Growth im Geschäftsjahr auf 54,3 Millionen US-Dollar. Die Akquisitionsstrategie des Unternehmens für Immobilieninvestitionsportfolios umfasste die folgende Aufschlüsselung:

Immobilientyp	Anschaffungskosten	Anzahl der Eigenschaften
Einzelhandelsimmobilien	32,1 Millionen US-Dollar	14 Objekte
Industrieimmobilien	22,2 Millionen US-Dollar	8 Eigenschaften

Kosten für die Instandhaltung und den Betrieb von Immobilien

Die jährlichen Kosten für die Instandhaltung und den Betrieb der Immobilie beliefen sich im Jahr 2024 auf insgesamt 12,7 Millionen US-Dollar und setzten sich aus den folgenden Schlüsselkomponenten zusammen:

• Routinewartung: 4,5 Millionen US-Dollar
• Reparaturen und Renovierungen: 3,2 Millionen US-Dollar
• Versorgungs- und Infrastrukturunterhalt: 2,8 Millionen US-Dollar
• Immobilienverwaltungsdienste: 2,2 Millionen US-Dollar

Management- und Verwaltungsaufwand

Der Verwaltungsaufwand für das Jahr 2024 gliedert sich wie folgt:

Ausgabenkategorie	Jährliche Kosten
Vergütung von Führungskräften	3,6 Millionen US-Dollar
Gehälter der Mitarbeiter	5,2 Millionen US-Dollar
Professionelle Dienstleistungen	1,8 Millionen US-Dollar
Bürokosten	0,9 Millionen US-Dollar

Technologie- und Infrastrukturinvestitionen

Die Technologie- und Infrastrukturinvestitionen für 2024 beliefen sich auf 2,1 Millionen US-Dollar und verteilten sich auf:

• IT-Infrastruktur: 0,8 Millionen US-Dollar
• Immobilienverwaltungssoftware: 0,6 Millionen US-Dollar
• Cybersicherheitssysteme: 0,4 Millionen US-Dollar
• Initiativen zur digitalen Transformation: 0,3 Millionen US-Dollar

Compliance- und Regulierungskosten

Die Compliance- und Regulierungskosten beliefen sich im Jahr 2024 auf 1,5 Millionen US-Dollar, darunter:

• Beratung zur Einhaltung gesetzlicher Vorschriften: 0,6 Millionen US-Dollar
• Regulatorische Berichterstattung: 0,4 Millionen US-Dollar
• Prüfung und Finanzberichterstattung: 0,3 Millionen US-Dollar
• Regulatorische Schulung: 0,2 Millionen US-Dollar



CTO Realty Growth, Inc. (CTO) – Geschäftsmodell: Einnahmequellen

Mieteinnahmen aus Industrieimmobilien

Für das Geschäftsjahr 2023 meldete CTO Realty Growth Gesamtmieteinnahmen von 44,7 Millionen US-Dollar. Das Industrieimmobilienportfolio des Unternehmens generierte einen durchschnittlichen Mietpreis von 8,75 US-Dollar pro Quadratfuß.

Immobilientyp	Gesamtmieteinnahmen	Auslastung
Industrieimmobilien	44,7 Millionen US-Dollar	94.3%

Immobilienwertsteigerung und Kapitalgewinne

Im Jahr 2023 wertete das Immobilienportfolio von CTO Realty Growth um 6,2 % auf, was einer Gesamtwertsteigerung der Immobilien von 37,5 Millionen US-Dollar entspricht.

Gesamtwert der Immobilie	Wertschätzungsrate	Kapitalgewinne
645,3 Millionen US-Dollar	6.2%	37,5 Millionen US-Dollar

Dividendenausschüttungen an Aktionäre

Für das Jahr 2023 schüttete CTO Realty Growth eine Gesamtdividende von 21,6 Millionen US-Dollar aus, mit einer Dividendenrendite von 4,7 %.

Gesamtdividendenausschüttung	Dividendenrendite	Dividende pro Aktie
21,6 Millionen US-Dollar	4.7%	$1.45

Immobilienverkaufstransaktionen

Im Jahr 2023 schloss CTO Realty Growth Immobilienverkäufe im Gesamtwert von 28,3 Millionen US-Dollar ab und erzielte aus diesen Transaktionen einen Nettogewinn von 5,6 Millionen US-Dollar.

Gesamte Immobilienverkäufe	Anzahl der verkauften Immobilien	Nettogewinn aus Verkäufen
28,3 Millionen US-Dollar	7 Eigenschaften	5,6 Millionen US-Dollar

Vermögensverwaltungsgebühren

CTO Realty Growth generierte im Jahr 2023 3,2 Millionen US-Dollar an Vermögensverwaltungsgebühren.

Gesamte Vermögensverwaltungsgebühren	Durchschnittlicher Gebührenprozentsatz
3,2 Millionen US-Dollar	0,5 % des gesamten Vermögenswerts

Umfassende Umsatzaufschlüsselung

• Mieteinnahmen: 44,7 Millionen US-Dollar
• Immobilienwert: 37,5 Millionen US-Dollar
• Dividendenausschüttungen: 21,6 Millionen US-Dollar
• Immobilienverkaufstransaktionen: 28,3 Millionen US-Dollar
• Vermögensverwaltungsgebühren: 3,2 Millionen US-Dollar

CTO Realty Growth, Inc. (CTO) - Canvas Business Model: Value Propositions

You're looking at the core value CTO Realty Growth, Inc. delivers to its investors and tenants right now, grounded in the latest operational metrics. It's about location quality, income stability, and direct upside potential.

• Exposure to high-growth markets with an average annual household income of $141K (based on 2024 figures in CTO's markets).
• Stable income stream supported by a high leased occupancy rate of 94.2% as of Q3 2025.
• Significant mark-to-market rent upside on re-leasing vacant anchor spaces, evidenced by a year-to-date comparable lease rent spread of 21.7% for the nine months ended September 30, 2025.
• Attractive income return via the declared fourth quarter 2025 common stock cash dividend of $0.38 per share, which annualized to approximately 8.8% based on the November 17, 2025 closing price.

The leasing momentum is a key driver here. You see the impact of active management in the rent spreads achieved on renewed and new leases.

Management is actively working to capture the mark-to-market opportunity. They are in lease negotiations for the remaining four vacant anchor spaces, which, along with the SNO pipeline, is expected to boost net operating income (NOI) into 2026 and beyond. This focus on repositioning existing assets, alongside a portfolio concentrated in high-growth areas, forms the core of the value proposition for shareholders seeking both growth and income.

The portfolio's location quality is quantified by the demographics CTO targets. The average household income figure of $141K in their operating markets significantly outpaces the US average of $113K, per 2024 data. Also, 95% of the annualized base rent comes from cities ranked in the Urban Land Institute's top 30 markets for overall real estate prospects. That's a clear focus on quality geography.

You should note the leasing activity details for the quarter ended September 30, 2025:

• 143,000 square feet leased in Q3 2025.
• 24 leases signed in the quarter.
• Comparable leases for the quarter showed a 10.3% cash base rent spread.

Finance: draft 13-week cash view by Friday.

CTO Realty Growth, Inc. (CTO) - Canvas Business Model: Customer Relationships

You're looking at how CTO Realty Growth, Inc. manages its relationships with the people who pay the rent and the people who own the stock. It's all about long-term stability from tenants and clear communication with shareholders.

Long-term, triple-net lease structures with tenants

CTO Realty Growth, Inc. builds its revenue foundation on long-term commitments, which is typical for a REIT focused on predictable income. The structure of these leases, primarily triple-net, means tenants handle most property operating expenses, which helps keep CTO's operational involvement low.

Looking at the weighted average remaining lease terms as of late 2025 shows a mix of stability across property types:

The leasing activity in the third quarter of 2025 further illustrates the focus on duration. For new leases executed in Q3 2025, the weighted average lease term was quite long at 9.4 years. Renewals and extensions, while shorter, still locked in tenants for an average of 5.6 years. This resulted in an overall weighted average lease term for all Q3 2025 leasing of 7.2 years.

Here's a quick look at the leasing term data from the nine months ended September 30, 2025:

Active asset management to enhance property value and tenant experience

Active asset management is how CTO Realty Growth, Inc. drives value within its existing properties, often by re-tenanting spaces at higher rates. The portfolio occupancy as of Q3 2025 was strong at 94.2% leased.

The focus on capturing embedded mark-to-market opportunities is evident in the leasing spreads achieved. For comparable leases year-to-date through September 30, 2025, CTO signed 424,344 square feet at an average cash base rent of $24.16 per square foot, which was a 21.7% increase over the previous average of $19.85 per square foot. For the third quarter alone, comparable leases showed a 10.3% base rent spread.

A major focus has been on resolving large vacancies. As of October 28, 2025, 6 of the 10 formerly vacant anchor spaces have been leased. This effort is already showing results, such as the leasing update at The Shops at Legacy, where new deals brought the leased occupancy at that center to approximately 85%.

The pipeline of future revenue provides visibility into ongoing asset enhancement:

• Current signed-not-open (SNO) pipeline as of October 28, 2025, represents $5.5 million of annual cash base rent.
• Approximately 76% of that SNO pipeline rent is anticipated to be recognized in 2026.
• The company is targeting a positive cash leasing spread of 40% to 60% across those 10 anchor spaces.

Direct relationship management with large, creditworthy tenants

Managing relationships with major tenants involves securing long-term commitments and filling large spaces strategically. The leasing activity in the first quarter of 2025 showed new leases signed at an impressive 82% cash spread over previous rents, indicating success in attracting tenants willing to pay higher rates.

The company is actively backfilling major spaces. For instance, a 30,000 square foot, 10-year lease was signed with a co-working operator for the Shops at Legacy, slated to open in 2026. This, combined with other large and small shop leases executed over the last two years (nearly 60,000 square feet of smaller shop leases), shows a direct effort to curate tenant mix for vibrancy and stability.

The tenant mix as of Q1 2025 shows diversification across retail categories:

• Casual dining: 13% of Annual Base Rent (ABR).
• Off-price retail: 8% of ABR.
• Entertainment: 8% of ABR.

Investor relations for defintely transparent communication with shareholders

CTO Realty Growth, Inc. maintains a relationship with its shareholders through regular disclosures and dividend actions. As of late 2025, the company had 32,651,101 shares outstanding.

The ownership structure reflects significant institutional interest, with institutional shareholders owning approximately 64.42% of the company, while insiders hold about 34.09% as of November 2025.

The company communicates its financial outlook and performance directly:

• The Board authorized a Q4 2025 quarterly cash dividend of $0.38 per share, announced on November 18, 2025.
• Full-year 2025 guidance for Core FFO per diluted share was reaffirmed between $1.80 and $1.86.
• The company had $170.3 million of liquidity as of September 30, 2025.

You can find the latest Form 10-Q and Investor Presentation materials on the Investor Relations section of the company's website, www.ctoreit.com, following the Q3 2025 earnings release on October 28, 2025.

Finance: draft 13-week cash view by Friday.

CTO Realty Growth, Inc. (CTO) - Canvas Business Model: Channels

You're looking at how CTO Realty Growth, Inc. connects with its customers and capital providers as of late 2025. It's a mix of direct management and public market access, which is pretty standard for a REIT focused on physical assets.

Direct in-house leasing team for portfolio management.

The in-house team is clearly driving significant rent growth across the portfolio, which stood at 5.2 million square feet across 24 properties as of the first quarter of 2025. They are signing leases that bring in substantially more cash than the previous ones. Here's a look at that leasing execution through the third quarter of 2025:

The leased occupancy rate held strong, sitting at 93.8% in Q1 2025 and 93.9% in Q2 2025. Plus, the signed-not-open (SNO) pipeline as of the end of Q3 2025 represented $5.5 million, or 5.3% of annual cash base rents in place, giving us a clear line of sight on future income recognition.

Investor relations and stock exchange (NYSE: CTO) for capital access.

CTO Realty Growth, Inc. uses the NYSE: CTO ticker to access public equity capital. The company maintains an active dialogue with the investment community, evidenced by the declaration of dividends for the Fourth Quarter 2025 on November 18, 2025. You can track the company's financial health and capital structure through these key figures:

• Equity Market Capitalization: $615 million (as of Q1 2025).
• Market Capitalization: $522M (as of October 21, 2025).
• Net Debt to Total Enterprise Value: 47% (as of June 30, 2025).
• Liquidity Position: $170.3 million (as of September 30, 2025).
• Series A Preferred Equity (Par Value): $118 million (as of Q1 2025).

They also actively manage their share base, having repurchased $4.3 million of common stock under a previous program and authorizing a new $10 million repurchase program.

Third-party brokers for property acquisitions and dispositions.

While the leasing is in-house, property sourcing channels involve external partners, which is typical when executing significant capital deployment. The company reported acquiring one property for $79.8 million in Q1 2025. For the full year 2025, CTO anticipated making investments between $100 million and $200 million, often targeting initial cash yields of 8.00-8.50%. Brokerage services are the likely channel used to source and execute these multi-million dollar acquisitions and any subsequent dispositions.

Property websites and on-site management offices for tenant interaction.

Tenant interaction flows through the physical on-site management offices at their retail centers, such as the one anchored by Whole Foods and REI, which is 315,600 square feet of retail space. For investor and broader stakeholder communication, the primary digital channel is the corporate website, www.ctoreit.com, where they post key documents like the Investor Presentation and Supplemental Disclosure.

CTO Realty Growth, Inc. (CTO) - Canvas Business Model: Customer Segments

You're looking at who actually pays the bills for CTO Realty Growth, Inc. as of late 2025. It's not just one type of business; it's a mix that CTO Realty Growth, Inc. relies on for its Annualized Base Rent (ABR).

The core of the revenue base comes from retail operations. This segment includes major national and regional retail anchors that you see every day. For instance, tenants like AMC, Dick's Sporting Goods are part of this group, driving a significant portion of the cash flow.

Then you have the mixed-use component, which is designed to create lifestyle destinations. This group includes operators focused on experiences and services. We see categories like restaurants, fitness centers, and even co-working operators signing leases, such as the recent 10-year lease with a co-working operator at The Shops at Legacy, which is a 30,000 square foot commitment.

Here's the quick math on how the portfolio's ABR breaks down based on the Q3 2025 figures. This shows you where the money is coming from right now:

The institutional and individual investors form a distinct segment, though they don't occupy space. Their interest is tied directly to the performance and the resulting distributions. CTO Realty Growth, Inc. has been actively managing its dividend, which stood at an attractive level, with a reported yield of around 8.8% in Q2 2025, and the company declared dividends for the Fourth Quarter 2025 in November 2025.

Office tenants are a small, but present, part of the customer base. As of Q3 2025, this segment represents only about 3.6% of the total ABR. Another report from mid-2025 pegged this figure at about 4% of annualized base rent, confirming its minor role in the overall revenue structure.

To be fair, the focus on retail and mixed-use is intentional, given the portfolio's location in Sun Belt states. The leasing activity reflects this focus, with year-to-date comparable leases showing a strong average cash base rent of $24.16 per square foot for the nine months ended September 30, 2025.

The key customer types CTO Realty Growth, Inc. serves are:

• National and regional retail operators.
• Mixed-use operators like fitness and dining.
• Investors seeking REIT dividends.
• Office users, a small base.

Finance: draft 13-week cash view by Friday.

CTO Realty Growth, Inc. (CTO) - Canvas Business Model: Cost Structure

You're looking at the core costs CTO Realty Growth, Inc. has to cover to keep the properties running and the business afloat as of late 2025. These are the necessary drains on cash flow before you even get to shareholder returns.

Significant interest expense on debt remains a major cost. Even though the company actively managed its balance sheet, debt service is a fixed commitment. CTO Realty Growth, Inc. ended the third quarter of 2025 with a net debt to EBITDA ratio of 6.7x, which is an improvement from 6.9x at the end of the second quarter. To give you a concrete look at the interest burden, for the three months ended March 31, 2025, the Interest Expense, net of amortization of loan costs and discount on convertible debt, was reported at $5,770 thousand. This cost is being managed by locking in rates; for instance, new term loans closed near quarter-end had an initial fixed interest rate of approximately 4.2%.

The day-to-day running of the properties drives the property operating expenses. These cover the basics like keeping the lights on and the buildings maintained. For the quarter ending September 30, 2025, CTO Realty Growth, Inc. reported total Operating Expenses of $27.73 million. This cost base supports the portfolio, which generated a Same-Property Net Operating Income (NOI) of $18.6 million for the third quarter of 2025. Here's a quick look at the scale of the portfolio costs relative to revenue generation:

Next up are the General and administrative (G&A) expenses, which cover the internal management team and overhead. For the full year of 2025, management provided guidance that G&A expenses would fall within a range of $17.5 million to $18.0 million. That's the cost of running the corporate office, separate from the direct property costs.

Finally, you have Capital expenditure (CapEx), which is money spent to improve assets or secure future income, like re-tenanting. While specific CapEx for re-tenanting isn't itemized separately, the company's investment activity shows where major capital is being deployed. For full-year 2025, the outlook included investments, including structured investments, between $100.0 million and $200.0 million, expected at initial yields between 8.0% and 8.5%. To fund this and manage maturities, CTO Realty Growth, Inc. closed on $150.0 million in new term loan financings and used a portion of that to repay a $65.0 million term loan due in March 2026.

The company also spent capital on stock buybacks, repurchasing 571,473 shares for $9.3 million through October 28, 2025, at a weighted average price of $16.27 per share.

CTO Realty Growth, Inc. (CTO) - Canvas Business Model: Revenue Streams

You're looking at the hard numbers that drive CTO Realty Growth, Inc.'s top line as of late 2025. This isn't about strategy; it's about the dollars coming in the door right now.

The primary engine remains property operations, but the fee-based income streams are definitely contributing to the overall picture. Here's the quick math on the key revenue components from the third quarter of 2025.

The leasing momentum seen in the third quarter is expected to translate into the full-year results. CTO Realty Growth, Inc. has updated its full-year guidance based on this performance.

• Full-year 2025 Core FFO per share projected between $1.84 and $1.87.

That full-year Core FFO guidance was raised from a previous range of $1.80 to $1.86 per share. Also, the current signed-not-open pipeline represents $5.5 million, or 5.3% of annual cash base rent in place at quarter end, which is a tailwind for future rental income recognition. Finance: draft 13-week cash view by Friday.